CIO Business Intelligence

FEBRUARY 10, 2023

Benefits of predictive analytics Predictive analytics makes looking into the future more accurate and reliable than previous tools. Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. Forecast financial market trends.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Smarten

MAY 16, 2019

Without a fundamental understanding of how a customer makes a buying decision and how customers choose a product or service, the marketing and advertising process is based only on guesswork, and that guesswork is bound to result in lost revenue and poor optimization of the marketing budget. Learn More: Marketing Optimization.

Predictive Analytics 58

Predictive Analytics Optimization Marketing Analytics 58

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 139

Predictive Analytics Analytics Predictive Modeling Data mining 139

Smarten

JANUARY 15, 2019

How Can I Leverage Assisted Predictive Modeling to Benefit My Business? Some people hear the term ‘assisted predictive modeling’ and their eyes cross. Analyze, share and optimize business potential. Explore Assisted Predictive Modeling and find out how it can benefit your organization.

Predictive Modeling 40

Predictive Modeling Modeling Forecasting Predictive Analytics 40

CIO Business Intelligence

JANUARY 19, 2024

The certification consists of several exams that cover topics such as machine learning, natural language processing, computer vision, and model forecasting and optimization. You need experience in machine learning and predictive modeling techniques, including their use with big, distributed, and in-memory data sets.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

OCTOBER 2, 2024

Cities are embracing smart city initiatives to address these challenges, leveraging the Internet of Things (IoT) as the cornerstone for data-driven decision making and optimized urban operations. Smart home devices are also integrated with energy management systems to optimize consumption and costs. from 2023 to 2028.

IoT 123

IoT Internet of Things Predictive Modeling Data-driven 123

Rocket-Powered Data Science

FEBRUARY 12, 2021

IA incorporates feedback, learning, improvement, and optimization in the automation loop. Interest in AI is high and growing, specifically in the areas of smart analytics, customer-centricity, chatbots, and predictive modeling. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

Cloudera

DECEMBER 4, 2024

To unlock the full potential of AI, however, businesses need to deploy models and AI applications at scale, in real-time, and with low latency and high throughput. Model servers are responsible for running models using highly optimized frameworks, which we will cover in detail in a later post.

Metrics 73

Metrics Data Processing Machine Learning Deep Learning 73

KDnuggets

AUGUST 22, 2019

We developed an optimal prediction model from correlations in the time and status of ownership as well as the time of the year of sales fluctuations. Using the ATTOM dataset, we extracted data on sales transactions in the USA, loans, and estimated values of property.

Sales 101

Sales Technology Predictive Modeling Optimization 101

Dataiku

MAY 21, 2021

In this series, we explore constructing a fantasy sports roster as an example use case of an organization having to optimally allocate resources. Here in part one, we introduce the topic of optimization in enterprise contexts and begin building an end-to-end solution with data exploration and predictive analytics in Dataiku.

Predictive Modeling 59

Predictive Modeling Modeling Predictive Analytics Optimization 59

CIO Business Intelligence

JULY 5, 2022

Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

O'Reilly on Data

SEPTEMBER 19, 2023

While data scientists were no longer handling Hadoop-sized workloads, they were trying to build predictive models on a different kind of “large” dataset: so-called “unstructured data.” Both situations benefit from a technique that optimizes the search through a large and daunting solution space.

Machine Learning 336

Machine Learning Testing Modeling Cost-Benefit 336

CIO Business Intelligence

MARCH 19, 2025

Integrating ESG into data decision-making CDOs should embed sustainability into data architecture, ensuring that systems are designed to optimize energy efficiency, minimize unnecessary data replication and promote ethical data use.

IT 59

IT Data Governance Data-driven Metrics 59

DataKitchen

SEPTEMBER 21, 2023

L1 is usually the raw, unprocessed data ingested directly from various sources; L2 is an intermediate layer featuring data that has undergone some form of transformation or cleaning; and L3 contains highly processed, optimized, and typically ready for analytics and decision-making processes. What is Data in Use?

Testing 169

Testing Data Quality Predictive Modeling Metrics 169

Occam's Razor

NOVEMBER 18, 2014

Short story #2: Predictive Modeling, Quantifying Cost of Inaction. And sometimes they are indeed optimal: 7 Data Presentation Tips: Think, Simplify, Calibrate, Visualize. Better than the table, but perhaps less optimal than the Treemap. Short story #2: Predictive Modeling, Quantifying Cost of Inaction.

Visualization 145

Visualization Slice and Dice Predictive Modeling Metrics 145

CIO Business Intelligence

MARCH 22, 2022

Two groups of researchers are already using Nvidia’s Modulus AI framework for developing physics machine learning models and its Omniverse 3D virtual world simulation platform to forecast the weather with greater confidence and speed, and to optimize the design of wind farms.

Modeling 144

Modeling Machine Learning Forecasting Optimization 144

CIO Business Intelligence

JUNE 14, 2023

SAS Certified Advanced Analytics Professional The SAS Certified Advanced Analytics Professional credential validates the ability to analyze big data with a variety of statistical analysis and predictive modeling techniques.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

CIO Business Intelligence

DECEMBER 19, 2024

Additionally, nuclear power companies and energy infrastructure firms are hiring to optimize and secure energy systems, while smart city developers need IoT and AI specialists to build sustainable and connected urban environments, Breckenridge explains.

IT 52

IT IoT Machine Learning Optimization 52

CIO Business Intelligence

AUGUST 20, 2024

The promise of the smarter city Smart cities offer the promise of a thriving urban ecosystem that seamlessly blends technology, systems, and people to optimize everything from traffic flow to energy consumption.

IT 122

IT IoT Internet of Things Data-driven 122

O'Reilly on Data

JUNE 18, 2019

Depending completely on human labeling for these examples is simply a non-starter; as ML models get more complex and the underlying data sources get larger, the need for more data increases, the scale of which cannot be achieved by human experts. Data programming.

Machine Learning 279

Machine Learning Data Quality Statistics Modeling 279

Smarten

JUNE 8, 2023

This improves productivity and team member access and ensures that tasks will be performed on a timely basis to keep projects and initiatives moving Improved Accuracy With mobile business intelligence tools, business users can leverage self-serve data preparation, assisted predictive modeling and smart data visualization to achieve accurate, clear (..)

Optimization 69

Optimization Enterprise Business Intelligence Predictive Modeling 69

Smarten

FEBRUARY 7, 2020

Assisted Predictive Modeling: The Word ‘Assisted’ is the Key! Assisted predictive modeling! It is true that without the skills and knowledge of a data scientist or a business analyst, predictive analysis can be a daunting task. The term sounds complex and intimidating, doesn’t it? The word ‘assisted’ is the key!

Predictive Analytics 69

Predictive Analytics Predictive Modeling Analytics Software 69

Rocket-Powered Data Science

JULY 13, 2023

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 167

Analytics Machine Learning Data Science Data Collection 167

Smarten

JANUARY 28, 2020

Predictive analytics is more refined, more dependable and more comprehensive than ever. The foundation for predictive analysis is a great predictive analytics tool, and features and function that include assisted predictive modeling.

Predictive Analytics 69

Predictive Analytics Software Predictive Modeling Analytics 69

Smarten

MAY 9, 2024

No matter the reason or the goal, when an enterprise chooses the right Augmented Analytics solution and carefully plans for and executes its implementation, it can optimize business results, reduce expenses and improve its market position, customer satisfaction and user adoption, and it is key to transforming business users to Citizen Data Scientists (..)

Optimization 64

Optimization Analytics Marketing Enterprise 64

CIO Business Intelligence

MAY 21, 2024

With this model, patients get results almost 80% faster than before. Next, Northwestern and Dell will develop an enhanced multimodal LLM for CAT scans and MRIs and a predictive model for the entire electronic medical record.

IT 131

IT Cost-Benefit Experimentation Forecasting 131

Smart Data Collective

SEPTEMBER 17, 2020

Financial and banking industries worldwide are now exploring new and intriguing techniques through which they can smoothly incorporate big data analytics in their systems for optimal results. Big Data can efficiently enhance the ways firms utilize predictive models in the risk management discipline.

Big Data 145

Big Data Finance Risk Management Risk 145

AWS Big Data

NOVEMBER 10, 2023

Your applications can seamlessly read from and write to your Amazon Redshift data warehouse while maintaining optimal performance and transactional consistency. Additionally, you’ll benefit from performance improvements through pushdown optimizations, further enhancing the efficiency of your operations.

Data Processing 111

Data Processing Data Lake Data Warehouse Optimization 111

Smart Data Collective

APRIL 21, 2022

To properly optimize the overall solar farm efficiency, every solar panel must operate at its peak capacity. To optimize solar farm operations, the farm will require the incorporation of IoT technologies. This explains the growing number of solar companies turning to big data.

IoT 126

IoT Internet of Things Forecasting Predictive Modeling 126

Smart Data Collective

MAY 17, 2021

Predictive models, estimates and identified trends can all be sent to the project management team to speed up their decisions. It can also be used to analyze driver behaviors to optimize fuel stops, personal breaks and more. That’s also where big data can step in and vastly expand ops. Boosted Operational Efficiency.

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

Smart Data Collective

SEPTEMBER 30, 2021

2 Through artificial intelligence-based prediction, there can be improvement in decision making regarding droughts and better methods and timing employed to ensure optimal water resource allocation and disseminating information ahead of drought events. Optimization of Electric Vehicle Charging. Here’s how.

Machine Learning 134

Machine Learning Cost-Benefit Optimization Forecasting 134

BizAcuity

JULY 13, 2021

Optimize your Go To Market: The gaming business consists of various applications like the gaming platforms (Casino, Live Dealer, Poker, Sports, Bingo, etc.), account platform, payment, affiliate, loyalty system, bonus and promotion systems, financial application, CRM system, and many others.

Optimization 52

Optimization Marketing Analytics Data Warehouse 52

Smart Data Collective

APRIL 10, 2020

And having a way to analyze the data that your company collects every day also means that you will likely find various opportunities to improve your operations, optimizing your supply chains based on purchase history and demand, and maximizing efficiency while also enhancing the experience of your customers.

Big Data 145

Big Data Cost-Benefit Metrics Marketing 145

DataRobot

NOVEMBER 1, 2021

Practitioners in the AI space are focused on the speed and accuracy of model predictions. But the end game for the applicability of models is not in the predictions, but the decisions they enable, and predictive models alone don’t ensure better decisions.

Machine Learning 98

Machine Learning Manufacturing Predictive Modeling Optimization 98

BizAcuity

NOVEMBER 13, 2024

Advanced Analytics and Predictive Insights The real value of data lies in its ability to forecast trends and identify opportunities. Advanced analytics and predictive modeling are core offerings of BI consulting services, enabling organizations to move from descriptive reporting to proactive decision-making.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

Smarten

NOVEMBER 26, 2018

With the right predictive analytics tool, your business can hypothesize, test theories, discover the effects of a possible price increase, discover and address changing buying behavior and develop appropriate competitive strategies.

Predictive Analytics 58

Predictive Analytics Predictive Modeling Analytics Forecasting 58

Smarten

MAY 14, 2019

If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. Marketing Optimization. Predictive Analytics Using External Data. Loan Approval.

Predictive Analytics 58

Predictive Analytics Analytics Predictive Modeling Forecasting 58